RAKEZ is Now Offering 100% Ownership
RAKEZ OFFERS 100% FOREIGN OWNERSHIP IN MAINLAND WITH FDI COMPANY SET-UP In response to the UAE Government’s efforts to provide relief to businesses during the COVID-19 pandemic, a number of free zones have announced major…
Everything You Need to Know about End of Service Gratuity in the UAE
The End of Service Gratuity (‘EOS’) is a benefit granted by the UAE Federal Law no. 8 of 1980, as amended (‘Employment Law’) to the expatriate workforce in the private sector. Consequently, the benefit applies…
Website Cloning – A Business Reality with Intricate Legal Consequences
The newest and most effective marketing tool for business exists nowadays in the digital world. Whereas a good and attractive website has all the prerequisites to have a strong impact on the market share and…
Dubai International Financial Centre (DIFC) Data Protection Law 2020
A revisited legal regime and a building block for the high standards of the financial center From July 1, 2020, the date of entry into force of the new DIFC Data Protection Law, the financial…
Developers’ Right to Terminate off Plan Sales to Defaulting Buyers. No Court Order Needed.
In 2017, His Highness Sheikh Mohammed Bin Rashid Al Maktoum issued Law No. 19 of 2017, amending Article 11 of Law No. 13 of 2008 on the Interim Real Estate Register in the Emirate of…
What Can a Buyer Do if Faced with a Cancelled Off-Plan Real Estate Project In Dubai?
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and Prime Minister of the UAE, issued decree N⁰ (21) of 2013 on 23rd July 2013 concerning the formation of a special judicial committee…
Влияние COVID-19 на трудовые отношения между работодателем и работником в ОАЭ и DIFC
Что происходит? Первый случай коронавирусной инфекции (широко известной как COVID-19) был зарегистрирован в ОАЭ 29 января 2020 года. Далее, правительство ОАЭ предприняло некоторые меры с целью предупреждения возможного распространения вируса, которые повлияли на частный сектор.…
FICHTE WEBINAR: COVID-19 and Employment Law in the UAE
Free Live Webinar To help employers and employees better understand the current developments, including some temporary measures introduced in the UAE, Fichte & Co recently hosted a free live webinar. Our Associate, DR. Laura Voda…
The ‘Economic Substance Regulations’ – a New Test for the UAE Companies. How does it apply?
Client update In 2019, the UAE Government issued a series of Directives and Resolutions, collectively referred to as the “Economic Substance Regulations” or the ESR. The purpose of the ESR is to curb harmful tax…